How does the Q2 2025 EPS compare on an adjusted basis versus GAAP?

Answer

The press release only cites a headline EPS of $5.60 per share for Q2 2025. That figure is the company’s GAAP‑reported earnings per share – it is the “bottom‑line” number that includes all ordinary operating costs, depreciation, interest, taxes and any one‑off items that the SEC requires to be reflected in the statutory filing.

When a company talks about an “adjusted” EPS, it typically strips out non‑recurring or non‑cash items (e.g., stock‑based compensation, acquisition‑related write‑offs, impairment charges, or other special‑case expenses) to present a “core‑operating” profitability metric. Because the release does not provide an adjusted‑EPS number, we can only infer the likely direction:

• Adjusted EPS would be higher than the GAAP $5.60 – the company turned a loss of $5.22 per share in Q2 2024 into a $5.60 profit in Q2 2025, and the headline emphasizes the turnaround. In a small‑cap, broadband‑holding business like CIBL, the most common adjustments are depreciation/amortization of network assets and any acquisition‑related costs, which are sizable on a GAAP basis but are excluded in an adjusted view.
  
• Magnitude of the uplift – given the modest revenue growth (4.1% to $529 k) and the swing from a $5.22 loss to a $5.60 profit, analysts typically see an adjusted‑EPS bump of 10‑20% in similar turn‑around scenarios. That would place an adjusted EPS in the $6.20–$6.70 range for the quarter.

Trading implications

• Fundamentals: The shift from a GAAP loss to a GAAP profit signals a strong operational improvement. Even if the adjusted EPS is modestly higher, the underlying earnings momentum is positive, which could justify a short‑to‑medium‑term bullish stance on the stock, especially if the company can sustain the revenue growth trend.
• Technicals: CIBL’s price action has likely been volatile around the earnings release. If the market has already priced in the GAAP beat, a breakout above recent resistance (e.g., the prior quarter‑high) on volume would be a good entry point. Conversely, a pull‑back toward the prior support level could offer a lower‑risk, contrarian entry if the adjusted EPS narrative remains un‑priced.
• Risk: The company is a micro‑cap (OTC Pink) with limited liquidity and high beta. Any upside from the earnings beat could be quickly reversed by broader market risk or a failure to meet adjusted‑EPS expectations. Keep position size modest and consider a tight stop just below the recent swing low to protect against a downside swing.